Running a business - Debt recovery

Recently added Tips & Advice

CONTRACTS - 04.05.2023

Contract terms or conduct - which will prevail?

A dispute turned on whether the terms of the contract had precedence over the conduct of the parties. In a claim worth over £1.2 million, did the finance provider’s forgiving attitude towards late payment prevent it from terminating for non-payment later on?
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DEBTS - 06.04.2023

Treatment of bad debts for tax purposes

With the company’s financial year ending soon you are concerned by an usually high number of bad debts. HMRC’s rules won’t allow for tax relief on all of them so what steps can you take?
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